Sisi | Egypt Oil & Gas - Part 2

Sisi to Ink Energy Deals in China

Sisi and his Chinese counterpart are scheduled to sign a number of understanding memoranda, funding agreements as well as cooperation protocols in a number of areas, chiefly energy industry, small and medium-sized ...

Egypt to Sign Dabaa Nuclear Station Agreement Next Week

Minister of Electricity and Renewable Energy Mohamed Shaker announced that the ministry is currently holding negotiations with Russian experts to complete the remaining aspects of the establishment of Dabaa nuclear s ...

Egypt’s Sisi Meets with Eni’s CEO

President Abdul Fattah al Sisi met with Eni's CEO Claudio Descalzi.

Sisi: Egypt is Committed to Paying Off Debt to IOCs

Egyptian President Abdel Fattah al-Sisi said that his government is "committed" to paying up debts to oil and gas companies "operating on its soil," reported Aswat Masreya.

Minister of Electricity: Surplus in Egyptian Electricity

There is “surplus” in electricity production in Egypt due to periodical maintenance of existing power plants, increasing their efficiency, Minister of Electricity Mohamed Shaker said in a Monday meeting with Presiden ...

Sisi Ratifies New Budget, $8m Earmarked for Fuel Subsidies

Egypt's President Abdel Fattah El-Sisi on Thursday ratified the state budget for the fiscal year 2015/16 following amendments by the ministry of finance to slash projected budget deficit, according to Egyptian state TV.

15m Household Units to be Exempt from July’s Electricity Bills

A government committee is set to exempt millions of subscribers from an upcoming electricity price hike, following a Sunday presidential decision to ease the financial burden on poorer citizens, reported state-owned ...

ITFC Funds Egypt’s Diesel and Petroleum Imports

An agreement on receiving funds from the International Islamic Trade Finance Corporation (ITFC) to import “essential goods” into Egypt was signed by President Abdel Fatah al-Sisi Thursday.

Egypt to Receive $500m Loan from World Bank to Expand Natural Gas Grid

Egyptian President Abdel-Fattah El-Sisi ratified a $500m loan agreement with the World Bank to fund the expansion of the national natural gas grid, where 1.5m households will be added to the grid.

Butane Gas Crisis Is A Result of Weather Conditions: President Sisi

President Abdel-Fattah El-Sisi stated that the current butane gas shortage crisis in Egypt was caused by the wintery weather conditions that delayed the butane shipments to Egypt.

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